BenjaminHCCarr, Big Pharma spends billions more on #executives and #stockholders than on R&D
#Senate report points to greed and "patent thickets" as key reasons for high prices.
The heart of the problem, according to a Senate report released earlier this week, is #pharmaceutical #greed, #patent gaming that allows #drug makers to stretch out #monopolies, and powerful #lobbying. https://arstechnica.com/science/2024/02/big-pharma-spends-billions-more-on-executives-and-stockholders-than-on-rd/
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